Page last updated at 08:32 GMT, Friday, 9 January 2009

Lara Croft battles sales downturn

Image of Lara Croft from the Tom Raider computer game
Sales of the latest Tomb Raider game have been disappointing.

UK computer games publisher Eidos says that sales of the Tomb Raider: Underworld are below its forecasts, with US sales particularly hard hit.

In North America, it said retailers were offering heavy discounts on the game, which features Lara Croft, and were stocking fewer items.

It said that as a result revenues for the full year would be between 160m to 180m, lower than earlier forecasts.

The company said it may have to talk with its lenders over debt repayments.

"In an difficult North American economy, we have seen retailers restricting inventory levels and...products priced discounted above our expectations," the company said.

The firm had expected revenues for its 2008 financial year to be between 180m to 200m.

Eidos, which used to be called SCI Entertainment, said that the 2009 financial year would get a boost from the Batman: Arkham Asylum video game.

Print Sponsor

Big losses at Tomb Raider firm
15 Sep 08 |  Business
Chief of Tomb Raider firm quits
18 Jan 08 |  Business
Revamp hits Tomb Raider firm jobs
29 Feb 08 |  Business
Lara Croft firm admits sale talks
05 Sep 07 |  Business
Competition hits Lara Croft firm
24 Jul 07 |  Business
Back to the future for Lara Croft
10 May 07 |  Technology

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Americas Africa Europe Middle East South Asia Asia Pacific